A company may not initially issue all the shares authorized by the corporate charter.It can hold back shares.

Name: A company may not initially issue all the shares authorized by the corporate charter.It can hold back shares.
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A company may choose to hold back some of the authorized shares for various reasons, such as future funding or acquisitions. These shares are called treasury shares and can be sold at a later date if needed.

A Company May Not Initially Issue All the Shares Authorized